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Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
cnn.com/2024/04/24/business/trump-media-truth-social-stock-manipulation/
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ ...
Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
  • Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.

  • In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.

  • Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.

  • In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
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Trump Media is taking claims that its stock is being illegally traded to Congress
qz.com/trump-media-stock-congress-naked-short-selling-djt-1851432903
Trump Media is taking claims that its stock is being illegally traded to ...
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Billionaire Republican donor’s firm brands Trump’s social media CEO ‘loser’: Ken Griffin’s Citadel Securities claimed Devin Nunes would be ‘fired on The ...
theguardian.com/business/2024/apr/19/ken-griffin-says-trump-social-media-ceo-loser
Billionaire Republican donor’s firm brands Trump’s social media CEO ...
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Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
cnbc.com/2024/04/24/djt-trump-media-ceo-asks-house-gop-to-launch-stock-manipulation-probe.html
Trump Media jumps more than 9% after CEO asks House GOP to probe possible ...
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Donald Trump Ally Unveils Plan to Save Truth Social: Truth Social CEO Devin Nunes announced changes to the former president's social media platform.
newsweek.com/donald-trump-truth-social-devin-nunes-1891090
Donald Trump Ally Unveils Plan to Save Truth Social
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Trump Media pens letter to Congress on impact of short sellers: The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for ...
markets.businessinsider.com/news/stocks/trump-media-spac-djt-ceo-letter-congress-naked-short-sellers-2024-4
Trump Media pens letter to Congress on impact of short sellers
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Trump Media making it hard for short-sellers to bet against DJT stock: CEO Devin Nunes issued a letter to Nasdaq asking for action against naked short-selling ...
markets.businessinsider.com/news/stocks/trump-media-djt-stock-short-selling-protection-truth-social-shares-2024-4
Trump Media making it hard for short-sellers to bet against DJT stock
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Fox News Host Confronts Truth Social CEO Over Trump Company Losing $4Bn: Devin Nunes said on Sunday that the company is "well positioned" despite their financial ...
newsweek.com/fox-news-host-confronts-truth-social-ceo-over-companys-finances-1887738
Fox News Host Confronts Truth Social CEO Over Trump Company Losing $4Bn
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Trump Media CEO is a 'loser' for blasting short-sellers: Citadel Securities: Trump Media's CEO is a "proverbial loser" for blaming DJT's stock crash on ...
markets.businessinsider.com/news/stocks/trump-media-stock-crash-djt-ken-griffin-citadel-short-sellers-2024-4
Trump Media CEO is a 'loser' for blasting short-sellers: Citadel ...
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The Former Congressman in the Hot Seat at Trump’s Truth Social: Devin Nunes is running a tiny, money-losing, slow-growing social-media company that just went ...
wsj.com/business/media/devin-nunes-trump-media-truth-social-722cb37e
The Former Congressman in the Hot Seat at Trump’s Truth Social
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Trump Media payday: What Truth Social executives got paid in stock and compensation
cnbc.com/2024/04/08/trump-media-how-much-truth-social-app-executives-make.html
Trump Media payday: What Truth Social executives got paid in stock and ...
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These short sellers are said to be behind the attack on Trump shares: The US election campaign will also take place on the stock market this year ...
capital.de/geld-versicherungen/diese-shortseller-sollen-hinter-angriff-auf-die-trump-aktie-stecken-34650274.html
These short sellers are said to be behind the attack on Trump shares
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Jimmy Kimmel Spots Most Cringeworthy MAGA Moment Yet From 'Trumpy Dopes': The late night host found an unbelievable video from the ex-president's supporters.
huffpost.com/entry/jimmy-kimmel-trumpy-dopes_n_64509a76e4b039ec4e86b191
Jimmy Kimmel Spots Most Cringeworthy MAGA Moment Yet From 'Trumpy Dopes'
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Judge says Nunes not defamed by story about Iowa dairy farm: U.S. District Judge C.J. Williams ruled Tuesday in favor of reporter Ryan Lizza and Esquire ...
pressdemocrat.com/article/news/judge-says-nunes-not-defamed-by-story-about-iowa-dairy-farm/
Judge says Nunes not defamed by story about Iowa dairy farm
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Devin Nunes can’t sue CNN and Jake Tapper over Paul Pelosi comments in Florida. Here’s why
sacbee.com/news/politics-government/article272652938.html
Devin Nunes can’t sue CNN and Jake Tapper over Paul Pelosi comments in ...
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House Intel members look for ‘reset’ after partisan era of Schiff, Nunes: The House Intelligence Committee will get a facelift this Congress following the ...
thehill.com/homenews/3833780-house-intel-members-look-for-reset-after-partisan-era-of-schiff-nunes/
House Intel members look for ‘reset’ after partisan era of Schiff, Nunes
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Devin Nunes rips top Democrats after ‘Twitter Files’ bombshell on Russia collusion: ‘Fools’
foxbusiness.com/politics/devin-nunes-rips-top-democrats-fools-twitter-files-bombshell-russia-collusion
Devin Nunes rips top Democrats after ‘Twitter Files’ bombshell on Russia ...
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Trump to Get Facebook, Instagram Accounts Back: Trump got kicked off for inciting insurrection, but now he'll be back. Cool, cool, and totally normal.
rollingstone.com/politics/politics-news/trump-facebook-instagram-meta-jan6-1234668539/
Trump to Get Facebook, Instagram Accounts Back
Quick Glance: Meta announces Trump's reinstatement on Facebook and Instagram.
  • According to a Facebook blog post, former President Trump's suspension on Facebook and Instagram will be lifted "in the coming weeks."

  • "As such, we will be reinstating Mr. Trump's Facebook and Instagram accounts in the coming weeks.

  • However, we are doing so with new guardrails in place to deter repeat offenses,"Clegg put pen to paper.

  • TUNE IN: ON 'SPECIAL REPORT,' 6 PM ET ON FOX NEWS CHANNEL, META PRESIDENT OF GLOBAL AFFAIRS NICK CLEGG EXPLAINS TRUMP DECISION. Following the riot at the United States Capitol on January 6, the social media company took the first step towards blocking Trump.
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Connie Conway, first woman sent to US House from San Joaquin Valley, finishes 6-month term
sacbee.com/news/politics-government/capitol-alert/article270245102.html
Connie Conway, first woman sent to US House from San Joaquin Valley ...
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Judge rules Nunes defamation lawsuit against NBCUniversal can proceed: A judge in New York has ruled that a defamation case brought against NBCUniversal by ...
thehill.com/homenews/3754239-judge-rules-nunes-defamation-lawsuit-against-nbcuniversal-can-proceed/
Judge rules Nunes defamation lawsuit against NBCUniversal can proceed
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Devin Nunes sues CNN (again) and Jake Tapper for defamation. Here’s what he claims
sacbee.com/news/politics-government/capitol-alert/article269469442.html
Devin Nunes sues CNN (again) and Jake Tapper for defamation ...
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Devin Nunes Posts Appalling Quip About Hammer Attack On Paul Pelosi: Twitter critics were not amused by the twisted humor of Truth Social's CEO.
huffpost.com/entry/devin-nunes-truth-social-paul-pelosi-attack-joke_n_635d8c44e4b0cf522df930c8
Devin Nunes Posts Appalling Quip About Hammer Attack On Paul Pelosi
Quick Glance: GOP sends conflicting messages about Paul Pelosi attack
  • "Unlike Nancy Pelosi's daughter who celebrated my assault, I condemn this attack and wish Mr. Pelosi a speedy recovery," Paul tweeted, prompting a barrage of criticism.

  • "It shouldn't happen to Paul Pelosi."

  • "YOU called for Nancy Pelosi to be executed, @RepMTG ."

  • Rep. Paul Ryan of Wisconsin condemned the Republican response to the attack.
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Truth Social CEO voices support for Kanye West’s Parler acquisition: ‘Absolutely necessary’ for free speech
foxbusiness.com/technology/truth-social-ceo-voices-support-kanye-wests-parler-acquisition-necessary-free-speech
Truth Social CEO voices support for Kanye West’s Parler acquisition: ...
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Judge says Devin Nunes can sue MSNBC. Where all of the former congressman’s lawsuits stand
sacbee.com/news/politics-government/capitol-alert/article269364117.html
Judge says Devin Nunes can sue MSNBC. Where all of the former ...
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Co-founder of Trump’s media company details Truth Social’s bitter infighting: A whistleblower has provided The Post and the SEC with hundreds of previously ...
washingtonpost.com/technology/2022/10/15/truth-social-trump-animosity-whistleblower/
Co-founder of Trump’s media company details Truth Social’s bitter ...
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Google adds Trump’s Truth Social to Play Store after holdup: Google has added former President Trump’s Truth Social app to its Google Play Store after a holdup ...
thehill.com/policy/technology/3685750-google-adds-trumps-truth-social-to-play-store-after-holdup/
Google adds Trump’s Truth Social to Play Store after holdup
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Right-Wingers Duped by Fake Trump Press Release About Elon Musk Twitter Takeover
thedailybeast.com/right-wingers-duped-by-fake-trump-press-release-about-elon-musk-twitter-takeover
Right-Wingers Duped by Fake Trump Press Release About Elon Musk Twitter ...
Quick Glance: Elon Musk Takes Twitter and Tech Deals to New Heights
  • Silicon Valley billionaires used to own ships and islands.

  • The most crucial aspect of Elon Musk's purchase of Twitter is that "s buying Twitter: The moguls have been unleashed."

  • Mr. Musk tweeted on Oct. 12: "Please buy my perfume, so I can buy Twitter," which received over 600,000 likes.

  • If Mr. Musk's purchase of Twitter signals the start of something, it also represents the end of something.
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Truth Social CEO says he and Trump 'like' Kanye West's Parler purchase: Devin Nunes, Truth Social's CEO, told Fox Business Americans should not have their ...
businessinsider.com/truth-social-ceo-and-trump-like-kanye-west-buying-parler-2022-10
Truth Social CEO says he and Trump 'like' Kanye West's Parler purchase
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Fact Check: Did Donald Trump Truth Social App Top Google Play Store Chart?: The former president's social media app finally became available on the Google Play ...
newsweek.com/trump-truth-social-app-google-play-store-1753210
Fact Check: Did Donald Trump Truth Social App Top Google Play Store Chart?
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Digital World CEO urges Donald Trump to push shareholders to vote on merger delay
cnbc.com/2022/09/30/donald-trump-truth-social-devin-nunes-digital-world-merger-delay.html
Digital World CEO urges Donald Trump to push shareholders to vote on ...
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Trump’s Truth Social barred from Google Play over content moderation: Content moderation concerns are holding up the approval of former President Trump’s Truth ...
thehill.com/policy/technology/3621000-trumps-truth-social-barred-from-google-play-over-content-moderation/
Trump’s Truth Social barred from Google Play over content moderation
Quick Glance: Trump's Truth Social was denied approval for the Google Play store due to content moderation issues.
  • "Last week Truth Social wrote back acknowledging our feedback and saying that they are working on addressing these issues," Google noted.

  • Donald Trump's social network contract is being investigated by a grand jury.

  • Truth Social's parent business, Trump Media & Technology Group, stated in a news statement that it had "worked in good faith with Google to ensure that the Truth Social Android App complies with Google's policies without compromising our promise to be a haven for free speech."

  • Last October, Trump announced the launch of Truth Social, which debuted in February.
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Truth Social faces financial peril as worry about Trump’s future grows: Former president Donald Trump’s company Truth Social is facing financial doubts ...
washingtonpost.com/technology/2022/08/27/trump-truth-social-mar-a-lago-fbi/
Truth Social faces financial peril as worry about Trump’s future grows
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Trump's Truth Social company ordered to turn over Devin Nunes information: Former President Donald Trump's media and technology company must turn over ...
reuters.com/legal/government/trumps-truth-social-company-ordered-turn-over-devin-nunes-information-2022-08-15/
Trump's Truth Social company ordered to turn over Devin Nunes information
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Actor Ben Stein is being mocked for a video in which he channels his “Ferris Bueller’s Day Off” character and calls for former Rep ... Show more

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Devin Nunes has to turn over details on his job for Trump’s company in lawsuit he started
sacbee.com/news/politics-government/capitol-alert/article264544826.html
Devin Nunes has to turn over details on his job for Trump’s company in ...
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Will Trump use Truth Social to relaunch his presidential ambitions? | The Spectator
spectator.co.uk/podcast/will-trump-use-truth-social-to-relaunch-his-presidential-ambitions-
Will Trump use Truth Social to relaunch his presidential ambitions? | The ...
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California Rep. Conway sworn in to finish Nunes’s House term: Rep. Connie Conway (R) was sworn into office on Tuesday, one week after she won a special election ...
thehill.com/homenews/house/3523936-california-rep-conway-sworn-in-to-finish-nuness-house-term/
California Rep. Conway sworn in to finish Nunes’s House term
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Devin Nunes drops California lawsuit against man he claims was ‘Twitter cow’s’ spouse
sacbee.com/news/politics-government/capitol-alert/article263691508.html
Devin Nunes drops California lawsuit against man he claims was ‘Twitter ...
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Nunes on Musk’s Twitter bot problem: $44B price tag ‘hard to justify’ with fake accounts
foxbusiness.com/technology/musk-twitter-bots-44b-price-tag-hard-justify-nunes
Nunes on Musk’s Twitter bot problem: $44B price tag ‘hard to justify’ with ...
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A Record Number Of Women Will Now Serve In Congress: With the latest round of primaries comes the need to update the history books.
forbes.com/sites/erinspencer1/2022/06/10/a-record-number-of-women-will-now-serve-in-congress/
A Record Number Of Women Will Now Serve In Congress
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Trump Worried Google Is Censoring Truth Social. It Isn't.: Trump is privately complaining that Google hasn't approved his social media company's Android app ...
rollingstone.com/politics/politics-news/trump-truth-social-google-tech-censorship-1354980/
Trump Worried Google Is Censoring Truth Social. It Isn't.
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Elon Musk Disputes Devin Nunes' Claim That Trump Directed Him To Buy Twitter: The ex-lawmaker claimed Donald Trump had told Musk to "go and buy" Twitter ...
huffpost.com/entry/elon-musk-trump-twitter-purchase-directive-false_n_6275966de4b046ad0d7c3975
Elon Musk Disputes Devin Nunes' Claim That Trump Directed Him To Buy ...
Quick Glance: Elon Musk denies Truth Social CEO's claim that Trump wanted him to buy Twitter.
  • Elon Musk flatly refuted on Friday an allegation made by the president of ex-President Donald Trump's new social media company that Trump had pushed Musk's bid to buy Twitter.

  • Last October, Trump revealed intentions to start Truth Social as a Twitter competitor, and said his social media company would go public through a deal with the so-called blank-check company Digital World Acquisition.

  • During an interview with Fox Business, Nunes argued that Trump's alleged suggestion of Musk to buy Twitter aligned with the mission of Truth Social.

  • "I won't be going back on Twitter," Trump declared.
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’Devin Nunes’ cow’ roams beyond Twitter, forms PAC to back Democratic candidates, issues
sacbee.com/news/politics-government/article261975090.html
’Devin Nunes’ cow’ roams beyond Twitter, forms PAC to back Democratic ...